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Another Victim Speaks


“We were very friendly,” said Dr. Anthony Stefanelli, a retired orthopedic surgeon, who lives in Fort Lauderdale.

He’s talking about Michael Bienes, the accountant who rounded up thousands of investors and hundreds of millions of dollars for Bernard Madoff. Stefanelli had several accounts with Madoff.

“All my money, all my family’s money is gone. All my grandchildren’s money is gone. My Children have nothing left,” he said. “All my retirement money.”

Bienes, he said, “swore to me he didn’t know” about Madoff.

And says Stefanelli, “I don’t think he did. I don’t think he pulled it off intentionally.”


POSTED IN: Madoff (12)

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Maybe he didn't know, but he can do something now.

He can perform an act of kindness, such as returning all commissions earned on deposits specifically sent to Madoff.

Must Bienes keep his profits on that money? Harriet - how about you suggesting that Bienes return those fees to people who NEED the money.

Maybe he didn't know, but he can do something now.

He can perform an act of kindness, such as returning all commissions earned on deposits specifically sent to Madoff.

Must Bienes keep his profits on that money? Harriet - how about you suggesting that Bienes return those fees to people who NEED the money.

People also need to remember that the people who invested with this thief were acting irresponsibly. some would call it even greedy. Whats to good to be true usually is

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About This Blog

You've got the job of managing your money. No one in school taught you how.

But you and I, we can teach each other, how to handle it, how to save for retirement, how to make money... < More >

Harriet Johnson Brackey Harriet Johnson Brackey, the personal finance writer for the Sun-Sentinel, has been an award-winning business...< More >

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